Investing Updates : Bitcoin Surges Towards $100,000: Who's Driving the Rally and What's Next

URL: https://www.moomoo.com/community/feed/bitcoin-surges-towards-100-000-who-s-driving-the-rally-113525701083142

Bitcoin is approaching the $100,000 milestone, fueled by a 130% YTD gain, positive news in the crypto sector, and increasing institutional investments. Key drivers include discussions of crypto policy in the U.S., a potential SEC leadership change, and a surge in Bitcoin ETF assets. Experts predict volatility, with potential corrections to $80,000, but remain bullish on long-term growth.

Investing Updates : BTC Price Targets

URL: https://www.moomoo.com/community/feed/113464869650441?is_recommendation=0&is_recommend_pos=0&futusource=news_headline_list

The Moomoo article discusses the next price target for Bitcoin, which is expected to hit $120,000, driven by increased institutional interest and a favorable macroeconomic environment. Factors like high inflation and dollar weakening contribute to Bitcoin’s appeal as a hedge asset. Recent regulatory progress and ETF approvals have also bolstered confidence in the cryptocurrency, with analysts projecting strong demand and potential for Bitcoin to reach new highs.

It feels like a real bull run has started for crypto. 

Will be claiming and selling altcoins along the way to adjust portfolio allocations.

100k by 2024 year end would be great 💪

Investing Updates : Trump Wins!

Investing Updates : X Empire Airdrop

My Thoughts:

Disappointed 😆

I did do the games one or twice per day for like 3 months I think.

Didn't donate any TON to the game though.

Entertainment Updates : HBO "Money Electric: The Bitcoin Mystery" Show

URL: https://www.forbes.com/sites/digital-assets/2024/10/08/who-is-peter-todd-the-man-named-by-hbo-as-bitcoins-mystery-creator-satoshi-nakamoto/

OpenAI:

The HBO documentary "Money Electric: The Bitcoin Mystery" has garnered mixed reviews from both the crypto community and the general audience.

Here's a summary of the feedback:

Show Overview

Directed by Cullen Hoback, the documentary dives into the origins of Bitcoin and attempts to uncover the identity of its mysterious creator, Satoshi Nakamoto. The film suggests that Bitcoin Core developer Peter Todd might be Satoshi.

Crypto Community Feedback

• Skepticism: Many in the crypto community remain skeptical about the documentary's claims.Prominent figures like Bitcoin author Eric Yakes and Coin Center's Neeraj Agrawal expressed doubts about the evidence presented.

• Mixed Reactions: While some appreciated the effort to explore Bitcoin's history and technology, others criticized the documentary for not providing conclusive proof.

Market Reaction

• Minimal Impact: The crypto market showed little reaction to the documentary.

  Bitcoin and other major cryptocurrencies like Ethereum and XRP remained relatively stable.

• Speculation: Despite the hype, the market did not see significant movements, and the documentary did not provide the definitive answers many were hoping for.

  
  

Overall, while the documentary sparked interest and speculation, it did not lead to any major revelations or market shifts. What are your thoughts on the documentary?

Investing Updates : Hamster Kombat Roadmap

URL: https://decrypt.co/251191/whats-next-hamster-kombat-after-airdrop-expanding-beyond-telegram

OpenAI

Here are five detailed points from the Decrypt article on the future of Hamster Kombat after its airdrop:

1. Game Concept and Popularity: Hamster Kombat is a tap-to-earn game on Telegram where players earn in-game coins by tapping. The game has gained significant popularity, amassing over 300 million players since its launch.

2. Airdrop on The Open Network (TON): The game recently launched an airdrop of its token on The Open Network (TON). Players can claim these tokens based on the coins they’ve earned in the game. This airdrop has driven a surge in player activity.

3. Expansion Beyond Telegram: Following the airdrop, the developers plan to expand the game beyond Telegram. This includes potential integration with other platforms and additional features to keep the game engaging and attract a broader audience.

4. Comparison to Notcoin: Hamster Kombat’s core concept is similar to Notcoin, another popular tap-to-earn game. However, Hamster Kombat offers richer game mechanics, such as simulating the role of a CEO of a crypto exchange, which adds depth to the gameplay.

5. Future Prospects and Player Engagement: The game’s future looks promising with plans for continuous updates and expansions. The developers aim to maintain high player engagement by introducing new features and possibly more airdrops, ensuring the game remains attractive to both existing and new players.

My Thoughts

• It's certainly unpredictable for Hamster Kombat from here onwards.

• Will still invest some of my time since it's quite fun.

• My referral https://t.me/hamster_Kombat_bot/start?startapp=kentId772562921

Investing Updates : Rocky Rabbit Airdrop

URL : https://rockyrabbit.io/

OpenAI

The recent Rocky Rabbit airdrop has generated a lot of buzz, especially due to its integration with a popular Telegram-based game on the TON blockchain. This tap-to-earn game allows users to earn in-game currency and cryptocurrency rewards by engaging in duels, upgrading virtual rabbits, and completing daily tasks. 

Feedback around the airdrop, which took place on September 23, 2024, has been mostly positive, especially due to the game’s significant growth, attracting over 25 million players in just a few months. Players have also been keen on the RabBitcoin (RBTC) token, which is expected to be listed on major exchanges like Binance and KuCoin, creating more opportunities for users to capitalize on their in-game efforts.

However, while the pre-market performance of the token has shown some volatility, with prices initially fluctuating between $0.001 to $0.005, its listing could provide further insight into its long-term value. The game’s high engagement rates and innovative referral system have contributed to its popularity, which could support its future in the crypto space.

Overall, the game's unique mix of gaming and crypto could ensure a promising future for RBTC, though success will heavily depend on continued user engagement and the reception of the token once fully listed.

My Thoughts

• Another popular crypto airdrop has landed. Got 600,000 tokens as shown.

• Had to pay 0.5 TON transaction fees. Internet criticised Rocky Rabbit for their "promise" of repaying this fee which didn't happen for many, including me. 

• I still feel good for this game. All these animals ; Hamster, Rabbit, related games etc are cute 😂. I think you have to manage your expectations with this genre. Enjoy the game, humor and treat profits as a plus.

Investing Updates : Hamster Kombat Airdrop

URL : https://hamsterkombatgame.io/

OpenAI

The Hamster Kombat airdrop, which took place in late September 2024, has garnered significant attention but received mixed feedback. While the airdrop was labeled as one of the largest in crypto history, only 43% of the users qualified, leading to some dissatisfaction. Over 131 million users were eligible, but 2.3 million accounts were banned due to cheating, contributing to the reduced eligibility.

Despite this, the overall reception from the community remains optimistic, particularly as Hamster Kombat continues to grow, boasting over 300 million users globally. The airdrop was seen as a reward for early supporters, with over 60 billion tokens distributed initially, and 15% of the total token supply set aside for future seasons. Analysts predict that the token could reach up to $0.05 by the end of 2024, driven by increasing adoption and upcoming exchange listings on major platforms like Binance and Bybit.

Looking ahead, Hamster Kombat aims to introduce new features, such as additional battle arenas, NFTs, and community-driven events, to maintain player engagement and expand its ecosystem. This continued development is expected to bolster the future of the game, especially as it integrates further into the Web3 space.

My Thoughts

• Rejected by Catizen airdrop 😂. Accepted by Hamster Kombat 😀.

• For 60 days of effort, I didn't win much tokens. To be fair, I didn't participate actively. Only doing in the morning, train rides, kids sleeping.

• I'm beginning to enjoy it the more I play. Will instil discipline to push harder in other promising apps as referenced in my referral page.

Investing Updates : SG Crypto Landscape

https://www.straitstimes.com/business/crypto-tie-ups-heat-up-action-in-singapore-in-areas-of-payment-and-stablecoin

OpenAI

The cryptocurrency landscape in Singapore is witnessing rapid growth through key partnerships and initiatives. Payment firm Triple-A has teamed up with DCS Card Centre, allowing users to top up with five digital currencies, including Bitcoin and Ether. Ride-hailing platforms Grab and Tada have integrated crypto payments. Meanwhile, Standard Chartered invested in One Trading, Circle partnered with Sony for stablecoin USDC, and TRM Labs joined forces with Tron and Tether to combat crypto-related crimes. Analytics platform Nansen also expanded its offerings by acquiring StakeWithUs.

My Thoughts

• Grab and Tada crypto payments for services are interesting developments. I wonder how's the transaction volumes so far.

• I think it will drive awareness and adoption greatly if crypto is available in Shopee & Lazada platforms, PayLah, etc. These are popular everyday services used by many.

• Generally, it's going the right direction in SG. Looks exciting from here onwards.

Investing Updates : Fed Rate Cut

https://www.moomoo.com/community/feed/113168822240037?is_recommendation=0&is_recommend_pos=1&futusource=news_headline_list

OpenAI

On September 18, 2024, the Federal Reserve announced a significant cut in its benchmark interest rate by 50 basis points, reducing the federal funds rate to a range of 4.75% to 5%. This marked the first rate cut since March 2020 and was a pivotal shift from the Fed’s recent focus on inflation control. The cut reflects the Fed’s confidence that inflation is under control and signals its efforts to protect the labor market amid signs of economic cooling.

Market Reaction:

- Stock Markets: Major stock indexes such as the S&P 500 and Nasdaq reacted positively, with both gaining following the announcement. Small-cap stocks led the rally, suggesting optimism among investors, particularly in sectors that are more sensitive to interest rates. However, the market also experienced some volatility, with Treasury yields fluctuating immediately after the decision.

- Economic Outlook: Fed Chair Jerome Powell highlighted the importance of balancing economic growth and inflation, stressing that the Fed would be cautious with future rate changes. He acknowledged that while inflation is nearing the Fed’s 2% target, reducing rates too quickly could risk inflation rising again. Powell also noted that the labor market remains robust, which supports the Fed’s confidence in making this rate adjustment.

The Fed hinted that more rate cuts are likely by the end of the year, though Powell emphasized a gradual approach going forward to avoid destabilising the economy. Investors remain hopeful, though cautious, about how these cuts will impact broader economic conditions, especially in housing and consumer lending.

My Thoughts

• Here we go, first Fed rate cut finally done 👏

• Positive reactions for both equities and crypto so far. Things such as SSB, T-Bills, Savings interest rates will start to come down soon. 

• If you are in 60s or retirement phase, best to lock in stable purchases now. If you are 40s like me, SG REIT ETFs have not reach all time highs yet. Some pullback is expected and it may be wise to put some when it happens.

LifeStyle Updates : Bets on U.S. Presidential Election in Polymarket

https://www.theblock.co/post/316455/polymarket-approaches-1-billion-in-bets-for-2024-presidential-election-winner

OpenAI

Polymarket, a decentralized prediction platform, has attracted nearly $900 million in bets for the 2024 U.S. presidential election. Democratic candidate Kamala Harris leads with a 50% chance of winning and $127 million in bets, while Republican Donald Trump closely follows with 49% and $144 million. The 2024 election has significantly boosted Polymarket's growth, with a record number of active traders and volume in August 2024. The platform's cumulative volume now stands at $1.75 billion as of September 2024.

My Thoughts

• Quit while You are Ahead. All the Best Gamblers do - Quote from Baltasar Gracian

• Enormous amount of money is being placed betting on U.S. elections. I think Polymarket ease of use and timely updates are quite attractive to bettors. 

• I've browsed through some of the top bettors' information on Polymarket. Can't figure out if they are your average joe, famous whales or public figures.

Investing Updates : Catizen Crypto Airdrop

https://decrypt.co/248758/who-is-eligible-catizen-telegram-game-airdrop-ton

OpenAI

The article on Decrypt explains that the "Catizen" game, integrated into the Telegram app, is conducting an airdrop on The Open Network (TON). The airdrop is exclusive to players who participate in the game's activities and hold TON tokens. Eligible users need to complete in-game tasks and achieve specific milestones. This initiative promotes the Catizen game and the TON ecosystem, using Telegram as a gaming platform.

The Catizen Telegram game, which operates on the TON blockchain, has gained significant traction for its play-to-airdrop model. Players can engage with virtual cats in a fun and accessible game while earning token rewards without the need for upfront investment. It’s part of a growing ecosystem that merges GameFi, the metaverse, and AI technologies, offering players opportunities to earn future airdrops like the $CATI token by simply playing the game.

Feedback on the airdrop has been generally positive, particularly because it doesn't require initial financial investment—just time and participation. Many users appreciate the game's simplicity and the chance to earn airdrops, especially given that TON's ecosystem is seeing increased attention in the crypto space. However, it’s important to note that while the airdrop is promising, the value of the rewards and long-term potential of $CATI tokens remains uncertain. Some players are investing heavily to get more rewards, but others recommend a cautious approach, especially when spending real TON tokens for faster progression. 

Overall, the airdrop looks good if you're looking for a low-risk way to engage with blockchain gaming, but as with all crypto projects, it’s essential to manage expectations.

My Thoughts

• Have been playing a few telegram crypto games as noted in my referral page, mostly during commutes to work and late night stress relief after children sleep.

• Even with my rather casual interactions with Catizen, I seem to have qualified for the airdrop. Is it really easy money?

• Will make a post on the earnings if awarded on any of the crypto telegram games.

Investing Updates : Trump vs Harris Trade

https://www.moomoo.com/community/feed/trump-trade-vs-harris-trade-how-they-could-shape-your-113084620341253

OpenAI

Here is a summary of the key points regarding how the 2024 U.S. election, specifically the Trump-Harris battle, could impact different industries and companies:

1. Trump's Policies and Potential Beneficiaries:

   - Immigration: Potential restrictions on benefits and increased deportations may benefit companies reliant on domestic labor (e.g., Agco, Deere) but harm gig economy companies (e.g., Uber, DoorDash).

   - Trade and Tariffs: Expected tariff increases, especially on Chinese products, could favor U.S.-based manufacturers (e.g., Cleveland-Cliffs, ConocoPhillips) but negatively impact retailers and tech giants reliant on imports (e.g., Abercrombie & Fitch, Alphabet).

   - Regulation: Plans to restore an executive order requiring the removal of two existing regulations for every new one may benefit financial and energy companies (e.g., Goldman Sachs, Cheniere Energy) but harm others reliant on federal protections (e.g., American Homes 4 Rent).

   - Electric Vehicle Standards: Repealing strict EV mandates could benefit traditional automakers and fossil fuel companies (e.g., Ford, Marathon Petroleum) while hurting electric vehicle and related tech companies (e.g., Tesla, Albemarle).

   - Drug Pricing and Production: Proposals to lower drug prices and boost domestic production could benefit generic and domestic pharmaceutical companies (e.g., Merck, Teva) but negatively impact those reliant on higher margins (e.g., BioCryst Pharmaceuticals).

2. Harris's Policies and Potential Beneficiaries:

   - Antitrust Actions: Harris's focus on antitrust enforcement could challenge large tech and healthcare companies (e.g., Amazon, Alphabet, Pfizer) and potentially affect their mergers and acquisitions.

   - Food Price Regulation: Proposals to curb profit margins in the food industry could impact major retailers (e.g., Walmart, Target) by restricting their pricing strategies.

   - Drug Cost Transparency: Policies aimed at increasing transparency for pharmacy benefit managers could help generic drug manufacturers (e.g., Teva) while potentially harming larger PBMs (e.g., CVS Health).

   - Infrastructure and Supply Chain: A focus on American-made materials for federal projects could benefit domestic manufacturers (e.g., CLF, Nucor) while limiting reliance on foreign materials, particularly from China.

   - Climate and Energy Policies: Plans to electrify federal fleets and mandate low-carbon materials could benefit companies in the clean energy sector (e.g., Albemarle, Linde).

3. Impact on the Stock Market:

   - Trump's policies are expected to favor deregulation, tax cuts, and traditional energy, benefiting financial institutions and conventional energy producers.

   - Harris's policies could result in more regulation and increased focus on climate change, potentially benefiting clean energy, cybersecurity, and domestic manufacturers.

4. Sector-Specific Implications:

   - Technology and Healthcare: Under Trump, tech and healthcare firms might benefit from reduced regulations, while Harris could intensify antitrust scrutiny.

   - Energy and Environment: Trump’s rollback on environmental regulations could favor fossil fuel companies, while Harris’s policies could promote clean energy initiatives.

5. General Outlook:

   - The "Trump Trade" is generally seen as favoring industries that benefit from deregulation and protectionism, while the "Harris Trade" emphasizes regulation, climate policy, and consumer protection. Investors might adjust their portfolios based on these anticipated policy changes to align with potential winners under each candidate's agenda.

My Thoughts

• Still don't know who's going to win U.S. elections. At current, https://polymarket.com/elections has Trump with 53% chance.

• 10 Sep debate could be entertaining. Maybe a surprise announcement could skew the chances?

• In the end, I think U.S. will benefit as a whole in the short term with focus on all the bells and whistles from candidates. The real test is on the results and earnings next year or so when policies get executed.

Investing Updates : Sep Financial Calendar

https://www.moomoo.com/community/feed/113048995102725?is_recommendation=0&is_recommend_pos=0&futusource=news_headline_list

OpenAI

1. In September, key economic events include the Fed Interest Rate Decision, nonfarm payrolls, inflation data, and the PCE price index.

2. Investors are also focused on the Apple Event and a presidential debate between Harris and Trump.

3. Important data releases such as ISM Services PMI, CPI, and Retail Sales will provide insights into economic health.

4. Labor Day on September 2 will close U.S. markets.

5. Federal Reserve Chair Jerome Powell's press conference on September 18 will provide updates on monetary policy.

These events will significantly impact market sentiment and economic outlook.

My Thoughts

• Looking forward to the Apple Event updates for new consumer products.
• More entertainment 😄 from Harris and Trump debate.
• Happy school holidays to all preschool, pri & sec students and their parents 😀

Investing Updates : BitCoin Q4 Consolidation

https://www.moomoo.com/community/feed/will-bitcoin-end-its-consolidation-in-q4-and-enter-a-113033908453381

OpenAI - "Summarise article in 5 key points"

The article discusses Bitcoin's potential to break out of its current consolidation phase in Q4 2024 and enter a bull market. Here are the key points:

1. Bitcoin has been consolidating for nearly six months, longer than usual.

2. Historical data shows Bitcoin often performs poorly in September but well in October.

3. A Fed rate cut and upcoming U.S. presidential elections could impact Bitcoin prices.

4. If patterns hold, a bull market might start in Q4 2024 or early 2025.

5. The outcome depends on market reactions to macroeconomic factors and political events.

My Thoughts

• Looking good based on 10 years' trends.
• I predict 1 red and 3 greens. 
• Diamond hands FTW.

Investing Updates : Platforms for Crypto

https://www.coingecko.com/research/publications/crypto-community-media-usage?utm_campaign=Data%20Visualization&utm_source=x&utm_medium=social

OpenAI - "Summarise article in 5 points"

Here are five key points from the CoinGecko report on crypto community media usage:

1. Preferred Platforms: X (formerly Twitter), Telegram, and YouTube are the top platforms where the crypto community spends most of their time, reflecting their importance in crypto discussions and news dissemination.

2. Content Consumption: News and updates are the primary types of content consumed on these platforms, with a significant focus on real-time discussions and the latest market developments.

3. User Engagement: The report highlights that the community is highly engaged on these platforms, actively participating in discussions, sharing insights, and keeping up with the fast-paced crypto world.

4. Growth of New Platforms: While X, Telegram, and YouTube dominate, newer platforms like TikTok and Discord are also gaining traction, particularly among younger demographics.

5. Community Trends: The community tends to follow influencers and major crypto news accounts, with many users relying on these sources for decision-making and staying informed about market trends.

My Thoughts

• Interesting data from CoinGecko.
• So far, I've been spending more time on Telegram and YouTube for crypto.
• Perhaps I should socialise more on X and in turn get more platform referrals. Need to learn how to create interesting tweets though 😎

Investing Updates : Cryptocurrency Prices

https://live.moomoo.com/course/content-detail?channel=task&course_id=117206&data_ticket=6e57d87b937d72d93b59ca3f6f5e9886&lang=en-us&open_type=graphics&section_id=240769245&source=share&subchannel=&type=1

OpenAI - "Summarise this article in 5 points"

Here are five key points from the article:

1. Market Demand: Cryptocurrency prices are heavily influenced by supply and demand dynamics. When demand increases, prices tend to rise.

2. Regulatory Environment: Changes in government regulations, whether tightening or loosening, can significantly impact cryptocurrency values.

3. Technological Developments: Innovations and upgrades in blockchain technology can drive interest and affect prices.

4. Market Sentiment: Public perception and media coverage play crucial roles in shaping the market sentiment, influencing price movements.

5. Macroeconomic Factors: Global economic conditions, such as inflation rates and currency values, can also affect cryptocurrency prices.

My Thoughts

• Imo, the future of crypto is bright. While there are currently too many coins, some of them will likely breakthrough and become mainstream.

• It's probably a safe bet to focus more on BTC and ETH holdings for passive investors like me. This won't create generational wealth, but it's good enough for retirement needs.

• I feel DeFi is under-rated. It's cool but complicated. But it's use case is sound, if we do it right, it really can as tech slogans go "change the world." https://defillama.com/

Investing Updates : US July CPI Bullish

https://www.moomoo.com/community/feed/here-s-the-breakdown-for-us-july-cpi-in-one-112960431850277

OpenAI Summarisation - "What's the SPY ETF prediction after the latest US July CPI Report?"

To assess the SPDR S&P 500 ETF Trust (SPY) prediction after the latest US July CPI report, we need to consider how the CPI data might influence the broader market and investor sentiment. Here's a general approach to understanding the potential impact:

1. Inflation and Interest Rates: If the July CPI report shows higher inflation than expected, it could lead to speculation that the Federal Reserve might raise interest rates more aggressively. Higher interest rates can make borrowing more expensive, potentially slowing down economic growth and putting pressure on stock prices, including those tracked by the SPY ETF.

2. Market Sentiment: If the CPI report indicates that inflation is under control or easing, it might reduce concerns about aggressive rate hikes, which could be positive for equities. Investors might view this as a sign of economic stability, potentially boosting stock prices and the SPY ETF.

3. Economic Outlook: The market's reaction also depends on the broader economic context, including corporate earnings, employment data, and geopolitical factors. A positive economic outlook coupled with controlled inflation can be favorable for stocks.

4. Technical and Market Trends: Analysts often look at technical indicators and recent market trends to gauge potential movements. If the SPY ETF has been trending positively and the CPI data is favorable, it might continue to rise. Conversely, negative CPI data or unexpected economic news could lead to a decline.

For the most accurate prediction, you should consult recent market analyses and financial news, as they incorporate the latest data and expert opinions. Keep an eye on how the market reacts in the days following the CPI report for a clearer picture of SPY's direction.

My Thoughts

• Equities market reacted positively to the latest US July CPI while Crypto gets whacked.
• Sep interest rate cut is at 100% probability now 😆
• I reckon U.S. politics and regulations is about to shake up the market with some news in the near term. Just a feeling.

Investing Updates : Rotation & Recession Fears

AI Summarisation

Certainly! The recent stock market volatility has prompted discussions about the “Great Rotation” trade on Wall Street. Here’s a summary:

• Context: Fears of a looming U.S. recession triggered a stock-market selloff.
• Rotation: Investors typically rotate from overvalued tech stocks to defensive sectors during economic slowdowns.
• Benefits: Defensive sectors (like utilities, health care, and consumer staples) provide consistent dividends and stable earnings.
• Caveat: Given the broader market’s volatility, the benefits of rotating into safer sectors may be limited¹.

Remember, market dynamics can change rapidly, so staying informed is crucial! 📈📉

My Thoughts

• Fears of recession creeps into market after latest US jobs report.
• Imo, it's too early to tell. Need more metrics to confirm.
• Market needs a breather too since that epic start from October 2022.

Technology Updates : Worldcoin

AI Summarisation

Worldcoin has garnered both praise and controversy. Let’s delve into the details:

1. Legitimacy:

   • Worldcoin is a legitimate venture co-founded by Sam Altman, the former president of Y Combinator and current CEO of OpenAI¹.
   • It aims to create a privacy-preserving human identity and financial network by verifying user accounts (World IDs) using biometric data captured by Worldcoin Orbs².
   • These World IDs can be used to verify accounts on other platforms, proving users are human².

2. Controversy:

   • Worldcoin’s approach involves collecting iris scans and other biometric data from users, which has raised privacy concerns³.
   • In Spain, the Agency for the Protection of Data ordered Worldcoin to stop data collection and processing, issuing a temporary ban on its operations⁴.
   • Regulators worldwide have also banned Worldcoin due to privacy fears⁵.

3. Singapore:

   • Worldcoin has been operating in Singapore since December 2023, with orbs in at least 10 locations islandwide².
   • Users queue up to get their eyes scanned for Worldcoin cryptocurrency, receiving tokens in return².
   • Each person can verify their account only once, and the amount of tokens varies².

In summary, while Worldcoin has notable support and technological backing, its controversial data collection practices and regulatory challenges warrant caution. Consider your privacy preferences and risk tolerance when engaging with it. 🌐💡🔍

My Thoughts

• Worldcoin has a good cause. At least theoretically in a world that's increasing driven by AI all around.
• Worldcoin technically adheres to the ethos of crypto, that is, it resides on a decentralised blockchain for everyone to see.
• The question though is not on the tech itself, but on the middlemen who's executing it i.e. organisers, businesses, etc.

https://www.straitstimes.com/singapore/queues-spotted-in-s-pore-as-people-get-their-eyes-scanned-for-cryptocurrency